The EU executive has proposed a legislation introducing a European preference in public procurement for strategic public services, a move that clearly targets Chinese companies in a market valued at €2 billion annually. #EuropeNews
The European Commission unveiled on Wednesday a legislative proposal allowing EU public authorities to favour European companies in public procurement for key public services such as energy, water, railways, ports, airports and postal services.
So…let’s say that a company based in Europe obtains a contract to provide, say, port service. Ten years down the line, say, can they be acquired by a company based elsewhere?
What about obtaining a de facto controlling interest via one mechanism or another?
So…let’s say that a company based in Europe obtains a contract to provide, say, port service. Ten years down the line, say, can they be acquired by a company based elsewhere?
What about obtaining a de facto controlling interest via one mechanism or another?
That needs EU permission anyway.